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April 13, 2018, 08:45:02 AM
Last edit: April 13, 2018, 11:27:00 AM by smarteth |
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A news has come out that $3m has been stolen out from Coinsecure located in Delhi. Around 438 bitcoins were gone which is stated to be the country's biggest wallet theft. There is a mixed belief as now, whether it was done intentionally by an insider or whether it is due to a technical fault.
Although, the CEO of coinsecure says that they are going to balance the loss from the company's personal funds, I think exchanges must learn from this incident in order to make the customers not lose their hard earned money. Even many peoples lives will heavily be affected if things are not balanced properly.
Hopefully, the government's involvement should at least create some regulations and acts, asap in order to avoid such mishaps.
What if the amount is much higher and what if another company like this cannot repay that amount?
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